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Pavel [41]
3 years ago
12

Key activities of supply management include negotiations, logistics, contract development and administration, inventory control

and management, and supplier management.
a. True
b. False
Business
1 answer:
Archy [21]3 years ago
3 0
<span>The answer is true.
</span><span>
</span><span>Supply management is one of the pillars of marketing. Supply management includes logistics, acquiring and managing resources either goods or services which are needed to run the organization. </span>
<span /><span>The main goals of the supply management are:

- Control costs
- Efficient allocation of resources
- Gathering sufficient information to be used in strategic business decisions.</span>
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Current profit Blank______ and target Blank______ are two strategies used by firms that are pursuing a profit pricing objective.
prohojiy [21]

Current profit maximization and target return are two strategies used by firms that are pursuing a profit pricing objective.

A profit-oriented pricing objective means that a company tried to earn maximum profit with every sale or service provided, and achieve long term business profits.

Current profit maximisation is a price setting objective in which organisation set a price for a product that will give maximum profits, cash flow or return in short term without considering long term.

Target return pricing is a method where the firm determines the price on the basis of a target rate of return on the investment.

The two strategies that a firm use while pursuing a profit pricing objective is current profit maximization and target return pricing.

Learn more about profit pricing objective here

brainly.com/question/15969466

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8 0
1 year ago
A real estate loan where a homeowner receives monthly payments based on accumulated equity rather than a lump sum and is repaid
ivanzaharov [21]

Answer:

reverse annuity mortgage

Explanation:

The term that is being described is known as a reverse annuity mortgage. Like defined in the question, this is a loan that allows you to cash in some of your home's equity without actually needing to sell the entire real estate property and move out of your home. Instead the loan is secured against the value of your home and monthly payments are paid to the owner that asked for the loan.

6 0
3 years ago
net income is 180 depreciation is 50 change in asset and liability accounts is 20 what i the cash provided
kiruha [24]

Answer:

Cash provided by operations is $250

Explanation:

<em>If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?</em>

<em />

Cash flows from operating activities

Net Income                                                     $180

<em>Adjustments to reconcile net loss </em>

<em>to net cash flow from operating activities</em>

Add: Depreciation                               $50

Add: Change in net current assets    <u>$20</u>     <u>$70 </u>

Cash provided by operations                       <u>$250</u>

7 0
2 years ago
Actual indirect materials costs$11,800 $6,700 Actual indirect labor costs 55,600 45,900 Other overhead costs 16,000 49,900 Overh
dusya [7]

Answer:

See below

Explanation:

1. Actual costs = $11,800(indirect material + $55,600(indirect labor) + $16,000(other overhead costs) = $83,400(actual cost)

$91,400(overhead applied) - $83,400(actual cost) = Overhead applied is greater than the actual cost which means that overhead was over applied by $8,000

2. Debit: Manufacturing overhead $8,000

______ Credit: Cost of goods sold $8,000

3. Actual costs = $6,700(indirect material) + $45,900(indirect labor) + $49,900(other overhead costs) = $102,500

$96,700(overhead applied) - $102,000(actual costs) = Overhead applied is less than the actual costs which means that overhead was under applied by $5,800

4. Debit : Cost of goods sold $5,800

_______ Credit: Manufacturing overhead $5,800

7 0
3 years ago
Hitzu Co. sold a copier costing $4,800 with a two-year parts warranty to a customer on August 16, 2018, for $6,000 cash. Hitzu u
fredd [130]

Answer:

1) $240 warranty expense

2) $240 warranty liaiblity

3) zero as decreases the warranty laibility

4) 240 beginning - 209 used = 31 ending

5)

cash    6,000 debit

 sales revenues 6,000 credit

--to record sale--

warranty expense 240 debit

  warranty liability          240 credit

--to record prevision for warranty expenses--

warranty liability     209 debit

     inventory                   209 credit

--to record use of the warranty from the customer--

Explanation:

1) sales x expected warranty = 6,000 x 0.04 = 240

2) it will be for the 240 as the accounting works with double-entry

6 0
3 years ago
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